Economy

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Laos Celebrates National Handicraft Day, Honoring Heritage, Economic Impact

Laos commemorates its National Handicraft Day on 1 November, celebrating the nation’s rich heritage and the economic value of its traditional crafts. Established in...

Vientiane Province Boosts Tourism Goals with 1.3 Million Visitor Target by End of 2025

Vientiane Province is actively boosting tourism to position the industry as a key economic driver, with a goal to attract over 1.3 million visitors...

Lao, Vietnamese Leaders Advance Plans for Rail, Road Connections

In a push for regional connectivity and economic cooperation, Laos and Vietnam are accelerating infrastructure initiatives, focusing on the Vientiane-Vung Ang railway project. This...

First Direct Export of New Energy Buses from Guizhou to Laos Begins via China-Laos Railway

CGTN - A train carrying 28 China-made new energy buses departed on 28 October from the Dulaying International Land-Sea Logistics Port in Guiyang, Guizhou...

Lao Government Plans Salary Hike, Sectoral Staffing Increase for 2024

During its monthly meeting on 24 October, the Lao government announced 2025 plans to raise civil servant salaries, expand staffing quotas across various sectors,...

Laos Expresses Interest in Joining BRICS at Recent Summit

At the recent BRICS summit held in Kazan, Russia, from 22 to 24 October Laos formally expressed its interest in joining the group of...